TCG

TURACOGOLD FPO [TCG]
Turaco Gold Limited operates as a gold exploration and development company in Cote d'Ivoire. Its principal project is the Afema gold project comprising central mining permit and three contiguous exploration permits, an exploration permit application, and an option over an additional application covering an area of approximately 1,600 square kilometers located in south-east Côte d'Ivoire. The company was formerly known as Manas Resources Limited and changed its name to Turaco Gold Limited in July 2021. Turaco Gold Limited was incorporated in 2007 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.8100 +0.6%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-09
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Volume surging at 2.1x normal while price falls — heavy selling pressure
  • Beating the Small Ords index — relative strength of 1.24, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (10 quarters)
  • Pre-revenue but well-funded (>$30M cash)
  • EPS estimates revised upward (+10pts)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM I: Institutional ownership (21%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 55% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.93%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Commodity (Gold): up (+3pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE s708A Notice - Issue of Shares
NONE Application for quotation of securities - TCG
NONE s708A Notice - Issue of Shares
Announcement tone +3pts

Recent ASX Announcements

2026-08-30 s708A Notice - Issue of Shares
2026-08-30 Application for quotation of securities - TCG
2026-08-24 s708A Notice - Issue of Shares
2026-08-24 Application for quotation of securities - TCG
2026-08-17 Change of Company Address

Key Metrics

$891.4M
Market Cap
2.9M
Avg Volume
2.1x
Vol Ratio
$0.40 — $0.89
52-Week Range
2.1%
Short Interest
N/A
Cash Runway
-34.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandneutralFloat: 71%
LLeader vs LaggardpassRS: 38
IInstitutional SponsorshippassInst: 22%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

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